von Kunssberg Etienne 4

What Happened
Etienne von Kunssberg, Senior Vice President, Supply Chain at Honest Company (HNST), was granted 205,767 restricted stock units (RSUs) on February 24, 2026. The award was granted at $0.00 (no cash paid at grant) and is payable in an equivalent number of shares of the issuer’s common stock. This is a compensation/retention award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-24 (Form 4 filed 2026-02-26; filing appears timely).
• Transaction type/code: A — Award/Grant. Price: $0.00; shares granted: 205,767 RSUs.
• Vesting (per footnote F1): 25% vests on Feb 19, 2027; remaining 75% vests in 12 equal quarterly installments on Feb 19, May 19, Aug 19 and Nov 19 thereafter, subject to continued service.
• RSU conversion (per footnote F2): Filing notes 320,889 RSUs payable in shares — this likely reflects RSUs held/reported by the insider (including this grant).
• No immediate sale or cashless exercise: RSUs vest over time and will convert to shares when vested.

Context
RSU grants are common executive compensation and are primarily retention incentives; they do not represent an immediate purchase or sale of stock. Because vesting occurs over several years and is subject to continued service, these awards do not provide immediate liquidity and should be viewed as part of long‑term compensation, not a direct market sentiment indicator.